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How to Save Money on Heating and Cooling - Water Heater Costs

From warm showers to clean dishes, we count on hot water. The average household spends $400-$600 per year on water heating - making it the second largest energy expenditure behind heating and cooling, typically accounting for about 18% of your utility bill. There are four ways to cut your water heating bills. First, and the most obvious, is to use less hot water. Second, turn down the thermostat on your water heater. If you have it set to a high temperature, your water heater constantly works to maintain that temperature. By setting it to 120 degrees Fahrenheit should give you a comfortable temperature and lower energy costs. Third, insulate your water heater and the first 6 feet of pipes hot and cold water pipes connected to it with water heater and pipe insulation products. And last, most water heaters last 10-15 years, so if it's time to replace yours consider replacing it with a new, more efficient model that ENERGY STAR qualified. For more tips like these, visit https://www.Lowes.com/Videos. Subscribe to Lowe's YouTube for great how to videos and home improvement tips: http://www.youtube.com/subscription_center?add_user=lowes Or head to our channel: http://www.youtube.com/Lowes
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